49 South St, Northborough MA 01532
Northborough, MA 01532
$1,095,000
Est. $6,672/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
Northboro town center 4-unit investment property located across the street from Assabet Park with splash pool & playground! Lots of rental options with this property - including 2 cold-storage rental opportunities in attached barn. New gas boilers in process of being installed. Utilities paid by tenants (gas/elec) - separately metered. Owner just renovated unit 2 (main floor 1BR). All units have upgraded kitchens & baths. Units 1-3-4 have laundry in the unit. Plentiful off street parking. Large flat side yard makes for enjoyable green space. Cash flow and value here are excellent!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 24, 2026
$1,095,000
Original listing
Agent: Margo Otey
Office: REMAX Executive Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/24/2026 | 🏠 Listed for Sale | $1,095,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $11,216 | $787,100 |
Financial Details
Annual Property Tax
$11,216
Tax Year 2025
Assessed Value
$787,100
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1800
Living Area
4,851 sq ft
Lot Size
0.50 acres
Stories
4
Bedrooms
9
Full Baths
4
Half Baths
1
Total Rooms
20
Investment Metrics
Units
4
Unit 1 Rent
$1,950/mo · N
Unit 2 Rent
— · N
Unit 3 Rent
$2,400/mo · N
Unit 4 Rent
$2,100/mo · N
Total Monthly Rent
$6,450/mo
Gross Income
$91,800
Net Operating Income
$86,120
Operating Expenses
$13,500
Insurance Expense
$4,000
Cap Rate
7.86%
Interior
Heating
Baseboard, Hot Water, Natural Gas
Cooling
None
Flooring
Vinyl, Carpet, Varies, Laminate, Hardwood, Wood
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Full, Unfinished
Laundry
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
Pantry, Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen, Laundry Room, Dining Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters, Garden
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
10
Utilities
Electric
Circuit Breakers, 100 Amp Service, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit
Financial
Annual Tax
$11,216
Assessed Value
$787,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Unit 2 Is Vacant; Barn Currently Used By Landlord But Has Been Rented To Contractors In The Past.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
white
Sq Ft Source
Public Record
Documents
None
County
Worcester
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1800
Bedrooms
9
Full Bathrooms
4
Half Bathrooms
1
Living Area
4,851 sq ft
Total Rooms
20
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,851 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Vinyl, Carpet, Varies, Laminate, Hardwood, Wood
Appliances:
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen, Laundry Room, Dining Room
Windows:
Screens
Basement:
Full, Unfinished
Laundry:
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1800
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Baseboard, Hot Water, Natural Gas
Heating Zones:
4
Cooling:
None
Hot Water:
Electric, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters, Garden
Patio & Porch:
Fencing:
Other Structures:
Barn/Stable
Lot Features:
Sloped
Road Surface:
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Northborough-Southborough School District local
School Safety
2024-25
0.0%
Very Low (Safest)
5.5% below state avg
Elementary Schools
3 schools
B+
Marion E Zeh School
0.6 mi
|
#285 of 825
|
Score: 51.1
Dropped 129 spots from last year
-7.1 below state avg
249 students
Diverse
Strong Attendance
Grades K-05
B+
Lincoln Street School
0.7 mi
|
#254 of 825
|
Score: 52.2
Dropped 12 spots from last year
-6 below state avg
265 students
Diverse
Strong Attendance
Grades K-05
B
Marguerite E Peaslee School
0.9 mi
|
#362 of 825
|
Score: 48.6
Dropped 40 spots from last year
-9.7 below state avg
259 students
Diverse
Grades K-05
Middle Schools
3 schools
B+
Robert E. Melican Middle School
0.9 mi
|
#115 of 352
|
Score: 47.9
Dropped 13 spots from last year
-10.3 below state avg
555 students
Diverse
Grades 06-08
A+
Sarah W Gibbons Middle School
3.4 mi
|
#24 of 352
|
Score: 60.9
Improved 21 spots from last year
+2.7 above state avg
567 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades 07-08
A
Mill Pond School
4.3 mi
|
#156 of 825
|
Score: 56.7
Dropped 17 spots from last year
-1.5 below state avg
853 students
Diverse
Diverse Student Body
Strong Attendance
Grades 04-06
High Schools
3 schools
A
Algonquin Regional High School
1.9 mi
|
#48 of 346
|
Score: 67.8
Improved 87 spots from last year
+9.6 above state avg
1,204 students
Diverse
20 sports
• 2,008 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Grades 09-12
A
Advanced Math and Science Academy Charter School
3.5 mi
|
#71 of 346
|
Score: 64.1
Improved 11 spots from last year
+5.9 above state avg
963 students
Diverse
Strong AP Program
High Graduation Rate
College Ready Curriculum
Grades 06-12
New England Innovation Academy
3.9 mi
Grades 06-12
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Monthly Payment Breakdown
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Property Tax
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Homeowners Insurance
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
49 South St, Northborough MA 01532
Northborough, MA 01532
Listing Information
Listing Agent
Margo Otey
Listing Office
REMAX Executive Realty
Office Phone
508-435-6700
Agent MLS ID
K0001989
Office MLS ID
BB9805
Listing Data Updated
Sep 24, 2026 12:42 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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